Bellatrix Exploration Ltd (Canada) BXEFF

February 28 Deadline ...

[RichyRich$]

I'm surprised no one on here is talking about the February credit facility deadline. They had up to today to decide whether to use $50 Million available credit to use against the 2020 longterm debt due. Judging by todays 10% POP! I assume the insiders have heard the good news :)

[TouchDown12]

Ok... How is that good news again? TD12

[TouchDown12]

Ok... re-read the debt update in Nov. - so is it good news that they didn't use the 50M to buyback 2020 Secondary Debt because it's ALL about to be rolled over from 2020 to 2023 like the other half was earlier? OR is it bad news that they can't get ANY of the remaining 2020 Secondary Debt to move to 2023 and therefore why bother even trying with 50M? Without more info - I am not sure

[kavern23]

I am not a shareholder and I don't believe stockhouse bullboards move stock prices at all....so lets be honest...how can any of you interpret that last press release as bullish? And can someone name one company in Alberta right now that has the capital or share price to take on Bellatrix.....I mean the amount debt here...and the cashflow the assets produce....who would buy Bellatrix

[RichyRich$]

Kavern... International companies would have the ability to buy it. I'm not expecting an Albertan company to. AECO gas price is expected to trend up the next few years because the LNG Canada pipeline will be built by 2023. You know the saying "buy on rumour... sell on news" like the marijuana stocks. They kept inflating it up until legalization. Same with things like pipelines being

[Druchii]

Great insight here, thanks for the perspective

[Eagle1]

Yes, thank you for your excellent summary and your overall perspective. Good to bear in mind going forward. The patient longs should be rewarded. The burning question is: should I be adding even more. I'm leaning towards a yes - hope my patience matches my optimism.

[kavern23]

RichyRich are you for real? or do you work in a low piad pumper workshop in some third wold country? You speficially have not answered how Bellatrix will even make it until LNG terminals open up? You understand how large BXE debt level is?  Do you need a picture drawn. And lol...do you think BXE take an impairment charge on 4th results?  Just a uestion...yes or no.... And will you

[Druchii]

lol...how do you expect him to 'specifically' answer this?  Should he call the Chinese buyers and ask when they will purchase the assets?  Or maybe he should call the bank and ask them to roll-over the debt. You need to chill out. Richy, keep the insights flowing!